Tax policy changes proposed by Finance Ministry may push some people toward shadow economy - bank experts

  • 2020-08-13
  • LETA/TBT Staff
RIGA - The tax policy development measures proposed by the Finance Ministry to ensure sustainability of social and health insurance may push some people toward shadow economy, and neither will it solve the problem of healthcare financing, said bank analysts interviewed by LETA. Swedbank chief economist in Latvia Liva Zorgenfreija told LETA that the goal of the Finance Ministry's proposal - improving social protection of those working in alternative tax regimes - was praiseworthy, however, it also meant that the tax burden on these people would increase significantly o...
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